Overview

• The Nifty briefly fell below 25,000 and the Sensex dropped several hundred points in early trade before stabilizing near recent highs.
• Traders pointed to global risk cues, including potential new US tariffs under President Trump and overnight weakness on Wall Street.
• Recent flow data showed foreign investors selling in the previous session as domestic institutions bought, underscoring mixed risk appetite.
• BSE shares sank nearly 7% intraday on Thursday after SEBI’s chief said the regulator may examine longer-tenure equity derivatives contracts.
• Optimism from the GoM’s push toward a two-slab GST structure kept selective interest in financial and pharmaceutical large-caps despite the pause.